Gold miner Caledonia Mining has declared a quarterly dividend of $0.14 on each of the company’s shares.
The total dividends paid in 2021 were $0.50 – almost 50% higher than in 2020.
Caledonia is targeting production of 73 000 oz to 80 000 oz of gold at its Blanket mine, in Zimbabwe, this year.
Caledonia Mining Corporation plc (LON:CMCL) is a profitable cash generative gold producer with a strong growth profile, Caledonia’s primary asset is the Blanket Mine in Zimbabwe.